Quote:
Originally Posted by Damien
Brutal news today.
- 0.5% rise in interest rates. That'll be an unwelcome addition to anyone not on, or coming to the end of, a fixed term mortgage.
- Inflation set to sit 13% by the end of the year
- Recession predicted at the end of this year
- Ofcom is going to review the price cap every 3 months rather than 6
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My sister mortgage fixed term is up for renewal, I was talking to her and my BIL, they would have gone for 2 years, but due to China about to kick off they went for 3 years, and their bank is the best deal around.